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Needham 02492
54 Stewart Rd
$848,000
● House - Off Market

54 Stewart Rd

Needham, MA 02492
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,496 Ft²
$1,391,351
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

Fabulous colonial in a wonderful neighborhood!!  This 4 BR 2.5 bath home has everything you want for the long term.  Peaceful master suite with cathedral ceilings and picture window with views of the huge backyard, hardwoods, front to back living room, family room with sky lights and floor to ceiling windows overlooking the beautiful yard, deck and stone patio.  Newer roof and furnace and attached 2 car garage all on an enviable 1/3 acre lot, on an idyllic street close to Needham and Wellesley Ctr.  This is the house you've been waiting for!
Unit Size
2,496 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$320
Property Type
House
Property Taxes
$634
HOA Dues
-
Year Built
1969

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #71803632)

Price History

Date / Event Date Event Price
Jun 2, 2015 Sold
Premium
Sold
Mar 19, 2015 Listed by Berkshire Hathaway HomeServices Town and Country Real Estate $799,000
Listed by Berkshire Hathaway HomeServices Town and Country Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1999
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 713
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 2,310
  • Gross Building Area: 2,955
  • Building Area: 2,310
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,310
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Needham School District
  • School Tax School District: NEEDHAM SD
  • Census Tract: 403400

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:116.0 B:0005 L:0000.0
  • Block: 5
  • Municipality: NEEDHAM
  • Latitude: 42.286
  • Longitude: -71.2637

    Address

  • Full Address: 54 Stewart Rd
  • Address - House Number: 54
  • Address - Street Name: Stewart
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Needham
  • Carrier Code: C009
  • 4-Digit Zip Code: 1120
  • Zip Code: 02492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,276,400
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,447,700
  • High Value: 1,692,618
  • Low Value: 1,202,782

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $978,800
  • Assessed Land Value: $579,900
  • Assessed Improvements Value: $398,900

    Sales

  • Current Sale Recording Date: Jun 02, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 48478
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Needham

Stats & Trends

Median Asking:

$1,629,000

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4309 ft²

Average Home Age

36.8 years

Currently For Sale

64 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71803632

Frequently Asked Questions

When was property at 54 Stewart Road built and last sold?
The property at 54 Stewart Road was built in 1969 and last sold on Jan 1, 1970 for $848,000.
How much is this home worth?
The estimated value of the home located at 54 Stewart Road is $839,878.
What are some comparable homes to 54 Stewart Road?
There are currently no comparable homes to 54 Stewart Road.
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